Brookstone Capital Management Has $18.76 Million Stock Holdings in SPDR S&P MidCap 400 ETF Trust $MDY

Brookstone Capital Management boosted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 91.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,417 shares of the exchange traded fund’s stock after buying an additional 14,533 shares during the quarter. Brookstone Capital Management’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $18,760,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Wells Fargo & Company MN increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 6.9% in the fourth quarter. Wells Fargo & Company MN now owns 1,343,298 shares of the exchange traded fund’s stock worth $810,385,000 after acquiring an additional 87,207 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in SPDR S&P MidCap 400 ETF Trust by 5.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 830,031 shares of the exchange traded fund’s stock worth $500,741,000 after purchasing an additional 41,757 shares during the last quarter. Moore Capital Management LP raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 73.2% during the 2nd quarter. Moore Capital Management LP now owns 633,725 shares of the exchange traded fund’s stock worth $358,993,000 after purchasing an additional 267,800 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 5.4% during the 4th quarter. Raymond James Financial Inc. now owns 557,992 shares of the exchange traded fund’s stock worth $336,626,000 after purchasing an additional 28,459 shares in the last quarter. Finally, Bank of Montreal Can lifted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 2.2% during the 4th quarter. Bank of Montreal Can now owns 513,790 shares of the exchange traded fund’s stock valued at $309,959,000 after buying an additional 11,060 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA MDY opened at $691.00 on Monday. The stock has a market cap of $27.15 billion, a price-to-earnings ratio of 18.98 and a beta of 1.01. The business has a 50 day simple moving average of $671.01 and a 200 day simple moving average of $642.84. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $547.05 and a 52 week high of $704.12.

About SPDR S&P MidCap 400 ETF Trust

SPDR S&P MidCap 400 ETF is an exchange traded fund. SPDR MidCap 400 Trust focuses to correspond to the price and yield performance of the S&P MidCap 400 Index. The S&P MidCap 400 covers over 7% of the United States equities market, and is part of a series of S&P the United States indices. The index also includes companies, which should have four consecutive quarters of positive as-reported earnings, excluding discontinued operations and extraordinary items. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.